The Pensions Regulator (TPR) laid its defined contribution (DC) code of practice before Parliament last month, and received praise from the industry for its clarity and concision.
However, experts have since raised concerns that it does not clearly defined what "good member outcomes" are. Aon Hewitt head of DC consulting Jan Burke says the code does not help trustees understand...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.